NATIONAL Most PSU's improved after disinvestments, says govt
New Delhi: Government said on July 30 there had been improvement in the performance of most public sector undertakings (PSU) after their disinvestment as also increase in pay scales of workers of some of
these businesses.
India warns WTO of backlash if reforms are forced
New Delhi: India on July 30 warned WTO (World Trade Organisation) members of backlash in developing countries if economic reforms were perceived to be an imposition from outside and said this could prove to be a set back to the whole process of multilateral negotiations.
iGate to buy Quintant's 51% stake; Phaneesh to head
Bangalore: In a cash deal, offshore IT services company iGate global solutions on July 30 decided to buy GMR group's 51 per cent stake in Quintant Services Limited for Rs 86.9 crore and appointed Phaneesh Murthy as chief executive officer (CEO).
SENSEX opens weak due to bandh; improves later
Mumbai: Shares, after subdued start, picked up strength on the Bombay Stock Exchange (BSE) on emergence of heavy all round buying and were quoted smartly higher at present.
IOC's Ramachandran, OIL's Dutta share FIIE honours
New Delhi: Indian Oil Corporation (IOC) chairman M S Ramachandran and Oil India Ltd (OIL) chairman and managing director R K Dutta have been conferred with top honours of the FIIE corporate excellence awards for year 2002.
'Indian IT market to reach Rs 1,96,105 crore in 2006'
Bangalore: India's Information Technology (IT) market (both domestic and exports) is projected to grow by a compounded annual growth rate (CAGR) of 27.9 per cent to reach Rs 1,96,105 crore in 2006, according to International Data Corporation (IDC).
INTERNATIONAL Ircon's bid for mega project in Malaysia in jeopardy
Kuala Lumpur: India's state-owned Ircon International's bid for a mega project in Malaysia appears in jeopardy, with the contract more likely to go to a local consortium, a business weekly reported.
